Blackstone-backed Nexus Select Trust REIT’s Rs 3,200 crore IPO will open for subscription on 9 May. The public offer comprises a fresh issue of units up to Rs 1,400 crore and an offer for sale (OFS) component with unitholders offloading units up to Rs 1,800 crore. The issue size was earlier proposed to be Rs […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open flat, as Nifty futures traded 21 points lower at 18,264 on the Singaporean exchange. Benchmark indices NSE Nifty and BSE Sensex ended Thursday’s session higher, reversing Wednesday’s losses. Nifty 50 gained 165 points to reclaim the 18,250 mark while Sensex […]
The Securities Appellate Tribunal on Monday set aside the `624 crore disgorgement order against the National Stock Exchange of India (NSE) by the Securities and Exchange Board of India (Sebi). NSE has been directed to deposit `100 crore for lack of due diligence to the Investor Protection and Education Fund created by Sebi. The direction […]
By Ramsh Batlish Embarking on the dual journey of preparing for both board exams and the Joint Entrance Examination (JEE) is akin to navigating through uncharted waters in pursuit of academic excellence. Conventional wisdom does provide essential guidance in terms of creating schedules, time management, and integrated learning which remain integral for the preparation of […]
Metro Family Holdings bought 10,00,000 shares of Anzen India Energy Yield Plus Trust (ANZEN) at Rs 101.20 per share. Geeta Chetan Shah sold 72,000 shares of Baheti Recycling Ind Ltd (BAHETI) at Rs 108.12 per share. Manimegalai Ganesan bought 2,14,834 shares of Heads UP Ventures Ltd (HEADSUP) at Rs 19.11 per share. Manish Jalan sold […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices remain unchanged on 6 January 2023 (Friday), keeping costs steady for about seven months now. In Mumbai, petrol is retailing at Rs 106.31 per litre, and diesel is selling at Rs 94.27 per litre. In the National Capital, petrol price is priced […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Tuesday, 14 March 2023, keeping costs steady for about nine months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
A Deloitte study has found that the ‘purchase intent’ for electric cars – percentage of respondents preferring an EV as their next vehicle – has reduced from 54% at the beginning of 2023 to 48% by October 2023. This is despite the fact that more electric cars were launched in India this year than hybrids […]
Eicher Motors reported standalone Ebitda of `860 crore, 3% below our expectations due to weaker gross margin print. Gross profit and Ebitda per vehicle remained flattish on a q-o-q basis despite commodity tailwinds mainly on account of a weaker product mix (higher mix of Hunter). While newly launched Hunter 350 continues to do well, we […]
Wall Street’s main indexes gained on Friday as Apple’s upbeat results underscored resilience in corporate earnings, while a stronger-than-expected jobs report eased fears of an imminent economic downturn.Apple Inc gained 4.4% on better-than-expected results, helped by strong iPhone sales and notable inroads in India and other newer markets, fuelling a near 2% advance in technology […]